Ollin B. Sykes - 06 Dec 2021 Form 4 Insider Report for CHARLES & COLVARD LTD (CTHR)

Role: Director
Signature: /s/ Clint J. Pete, Attorney-In-Fact
Issuer symbol: CTHR
Transactions as of: 06 Dec 2021
Net transactions value: +$47,232
Form type: 4
Filing time: 08 Dec 2021, 15:26:55 UTC
Previous filing: 06 Dec 2021
Next filing: 15 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CTHR	Common Stock	Purchase	$47,232	+16,990	+1.1%	$2.78	1,498,000	06 Dec 2021	By Sykes & Company PA 401(k) Profit Sharing Plan UA Jan 01, 1985	F1, F2
holding	CTHR	Common Stock						138,000	06 Dec 2021	By SEP IRA
holding	CTHR	Common Stock						95,358	06 Dec 2021	By ROTH IRA
holding	CTHR	Common Stock						111,500	06 Dec 2021	By IRA
holding	CTHR	Common Stock						45,787	06 Dec 2021	By spouse
holding	CTHR	Common Stock						591,779	06 Dec 2021	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Ollin Sykes is the co-trustee of the Sykes & Company PA 401(k) Profit Sharing Plan UA Jan 01, 1985. The aggregate shares of the Issuer's common stock reported as held by the plan include 498,000 shares (including the 16,990 shares reported as purchased herein) held in Mr. Sykes's personal 401(k) account under the plan. Mr. Sykes disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F2	Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.75 to $2.85, inclusive. The reporting person undertakes to provide to Charles & Colvard, Ltd., any security holder of Charles & Colvard, Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (2) to this Form 4.

Content

Ollin Sykes is the co-trustee of the Sykes & Company PA 401(k) Profit Sharing Plan UA Jan 01, 1985. The aggregate shares of the Issuer's common stock reported as held by the plan include 498,000 shares (including the 16,990 shares reported as purchased herein) held in Mr. Sykes's personal 401(k) account under the plan. Mr. Sykes disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.75 to $2.85, inclusive. The reporting person undertakes to provide to Charles & Colvard, Ltd., any security holder of Charles & Colvard, Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (2) to this Form 4.